/KASE, July 20, 2018/ – By the decision of the Management Board of Kazakhstan Stock
Exchange (KASE) dated July 19, 2018 amendment No.3 (amendments) to the KASE internal
document "Rules for the activity of market-makers" (Rules) were approved, which are
effective from July 23, 2018.
The specified amendments set parameters of obligatory quotations for market-
makers on currency swap transactions.
According to these amendments, unless otherwise specified by the decision of
the Board of Directors of KASE, the minimum volume of the best mandatory
quotation for the purchase (sale) is:
- for currency swap transactions in relation to US dollar - USD500,000;
- for currency swap transactions in relation to ruble - RUB5,000,000 ;
-for currency swap transactions in relation to yuan - CBY100,000.
The maximum value of the spread for market-makers on currency swap
transactions in relation to the US dollar, ruble and yuan is set at 1.5
percentage points between the values of the yields of mandatory quotations.
The updated text of the Rules was published on the KASE website at
http://kase.kz/files/normative_base/rules_market_maker_izm3.pdf
[2018-07-20]